Which of the following represents a one-sided error in accounting?

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A purchase of old equipment worth 500 not recorded anywhere in the accountsAn amount of 500 recorded as a credit in the travelling expenses accountBoth of the aboveNeither of the aboveNot applicable

Explanation

Option B illustrates a one-sided error because the 500 credited to travelling expenses affects only one side of the accounts. In contrast, option A is a complete omission and does not represent a one-sided error.